Fintech News

BIT Secures FINMA Approval for Switzerland’s First Spot Bitcoin ETF

BIT Asset Management, the Zurich-based arm of crypto firm BIT, has received approval from Swiss regulator FINMA for its Bitcoin Fund ETF (BBIT). It is the first exchange-traded fund in Switzerland to invest directly in bitcoin. The company expects trading on SIX Swiss Exchange to begin in November. FINMA announced the approval but did not [...] The post BIT Secures FINMA Approval for Switzerland’s First Spot Bitcoin ETF appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

By Fintech News

1 min read
BIT Secures FINMA Approval for Switzerland’s First Spot Bitcoin ETF
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